 | ||||
Lessons
The best investment you can ever make is an investment in yourself. Earnings power from your own skills and productiveness to society are your best means for getting a head start at building or storing wealth and putting capital to work.
When low risk investments are yielding 3% and you are able to earn $30,000 per year in wages from your profession or job, that is equivilent to having $1,000,000 invested in such low risk investments and earning 3%.
Not always will you be able to be employed for various reasons. When you cannot work and bring home pay, it's like you went from being worth $1,000,000 in low risk investments to having $0 invested. When this happens, it's critical to have at least 3 months of savings or preferably, 6 months just to fall back on in the event of unemployment. More..
The trick to making an intelligent investment is to know what you are doing. Know you are buying a wonderful business and know you are paying a wonderful price. More..
Disclosure: This is not a means to solicit any of the securities mentioned nor does it recommend it for any person before they speak with a licensed professional investment advisor for their own suitability. Investing in Equities bears risk of capital loss. This is strictly the opinion of Jason Tillberg, President and founder of Tillberg Capital Management, Inc. and shall not be held responsible for investment loss from this writeup.
| ||||
Why Build Wealth?
Without wealth, one cannot be in position to afford the basic necessities of life when either retired or unable to work due to either lack of opportunity or injury.
Without wealth, one cannot be able to make a down payment on a home purchase, start a business or achieve a life-long dream of your choice.
Without wealth, one cannot take part in life enhancing activities that may include but not limited to gardening, traveling, creating art, exercise, charity, etc. More..
